No. Some lenders worry about a low credit score, but banks aren’t the only ones. Alternative and private lenders can often offer more flexible terms, like what level of creditworthiness they can approve. It is important to note that alternative lending sites such as Small Business Funding base lending decisions largely on the financial realities of a company rather than the financial history of its owners.
The Small Business Association (SBA) does not say what your credit score needs to be in order to get an SBA loan. But SBA loans come from lenders, and those lenders may have minimum credit score requirements. This minimum is usually around 620. But your chances of getting approved go up as your score goes up.